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PROPERTY INFO
FACTS
- Single Family
- Built In 2003
- Price/Sqft : $117.80
- 3 Days on Market
- MLS # : 1497149
- Updated Date : 11/28/2020 at 04:36
CONSTRUCTION
- Beds : 3
- Floor Size : 1,697 sqft
- Baths : 2 full , 1 half
Listing Agent
New Home Conexion Realty
Listing Agent's Description
Great starter Home in Northeast San Antonio. Easy access to 35 and Loop. Close to Randolph AFB and Ft Sam Houston. Home is very open floorplan and has oversized Bedrooms, and a large Family Dining room combo area. Huge Kitchen, Great Back yard with lots of room to grow! Come pick your flooring and paint colors and put your personal touch and make this home yours. Home is Vacant and easy to show!
SEE MORE
- The metro contributes to 7.2 percent of Texas state economy i.e. Gross State Product (USMayors.org, 2018)
- San Antonio metro economy is worth $130 billion in Gross Metro Product and projected to grow to $136 billion in 2019 (USMayors.org, 2018)
- Five Fortune 500 companies are headquartered in San Antonio: Valero Energy; Tesoro; United Services Automobile Association (USAA); CST Brands; and iHeart Media (Formerly CC Media Holdings).
- The metro employment growth is at 2.3 per cent and predicted to be at 2.2% in 2019 (USMayors.org, 2018)
- San Antonio metro has 60.7 percent labor force participation rate (USMayors.org, 2018)
PRICE & RENT TRENDS
Neighborhood: Valley Forge
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Valley Forge
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $1,380 |
EXPENSES | Loan Payment | -$738 |
Property Tax | -$446 | |
Property Insurance | -$125 | |
HOA | -$23 | |
Property Management Fees | -$99 | |
CASH FLOW
-$51
|
This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 18% of earned rent to cover both maintenance and periods of vacancy.
$199,900
PROJECTED PRICE
$1,380
PROJECTED RENT
0.69%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 3.31% |
Appreciation Year (1-5) | 8.0% |
Maintenance Year (1-5) | 8.00% |
Vacancy | 9.54% |
Length of Stay Years | 2 |
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$58,724
LOAN DETAILS
$738
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $49,975 |
Loan Amount | $149,925 |
1.67
YEARS SAVED
$2,608
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,380
LIST RENT -
$0.81
LIST RENT PER SQFT
-
$1,464
COMP ESTIMATED VALUE -
$0.86
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
1.210.396.1536
New Home Conexion Realty
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 1497149
Last Updated: 11/28/2020